Tue: TASE down as Ormat slump continues

Ormat and Liveperson led the declines today as ICL and Perrigo bucked the market.

The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.74%, to 1,642.23 points; the Tel Aviv 125 Index fell 0.97%, to 1,716.10 points; and the BlueTech Global Index fell 2.56% to 580.09 points. The TelBond 20 corporate bond index rose 0.17% to 381.81 points. Turnover totaled NIS 1.73 billion in equities and NIS 3.64 billion in bonds.

On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.185% from Monday, at NIS 3.252/$, and the representative shekel-euro rate was set 0.179% lower, at NIS 3.905/€.

On the market Ormat Technologies Inc. (NYSE: ORA; TASE: ORA fell another 4.32% and has now lost nearly half its value since February. LivePerson Inc. (Nasdaq: LPSN); TASE: LPSN) fell 4.95% for the biggest fall on the Tel Aviv 35 Index and Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI) fell 4.67%. Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) fell 2.71% and NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.91%. Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) fell 0.98% and Bank Leumi (TASE: LUMI) fell 0.34%.

Perrigo Company (Nasdaq:PRGO; TASE:PRGO) rose 1.54% for the biggest gain on the Tel Aviv 35 Index today. ICL (TASE: ICL: NYSE: ICL) rose 0.92% on the day's biggest trading turnover and Azrieli Group Ltd. (TASE: AZRG) rose 1.09%. Israel Discount Bank (TASE: DSCT) rose 1.08%, Bank Hapoalim (TASE: POLI) rose 0.46% and Mizrahi Tefahot Bank (TASE:MZTF) rose 0.28%.

Published by Globes, Israel business news - en.globes.co.il - on May 4, 2021

© Copyright of Globes Publisher Itonut (1983) Ltd. 2021

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